|Raise Close Date||October 03, 2019|
|Last Updated||May 03, 2021|
|Current Amount Raised||$18,000,000USD|
|Total Raise||$18,000,000 USD|
|Soft Cap||$10,000,000 USD|
|Raise Status||Open since Closed|
|Minimum Investment||$18,000,000 USD|
|Exemptions||Reg D 506 (C)|
|Price Per (ASPD)||$1.18 USD|
|Token Issuance Platform||TBA|
|Token Issuance Info||12 Months|
While the St. Regis offering was issued on Ethereum, the team is switching to Tezos, seeing it as a superior blockchain for asset tokenization, future-proofing ER's offering and offering a greater focus on smart contract security.
Tezos is a self-amending blockchain and smart contracts platform that allows organizations and individuals to transact in digital assets using its native digital currency (XTZ). To assist with its switch to Tezos, Elevated Returns is working with the Tocqueville Group (TQ), an NYC based organization that works to facilitate the growth of a robust, high-functioning Tezos ecosystem by supporting individuals and companies building on Tezos.